The fuel prices have dropped for three days in a row, reaching to 2,180 kyats per litre for 92 Ron and 2,580 kyats per litre for diesel in Yangon, according to fuel stations.

On September 17, fuel prices are 2,180 kyats per litre for 92 Ron, 2,270 kyats per litre for 95 Ron, 2,580 kyats per litre for diesel and 2,665 kyats per litre for premium diesel in Yangon.

On September 16, fuel prices are 2,365 kyats per litre for 92 Ron, 2,455 kyats per litre for 95 Ron, 2,615 kyats per litre for diesel and 2,700 kyats per litre for premium diesel in Yangon.

As a result, the prices of 92 and 95 Ron have decreased by 185 kyats per litre each. The prices of diesel and premium diesel have decreased by 35 kyats per litre each.

According to the prices published on September 15 in Yangon Region, fuel prices are 2,420 kyats per litre for 92 Ron, 2,515 kyats per litre for 95 Ron, 2,830 kyats per litre for diesel and 2,915 kyats per litre for premium diesel.

Fuel prices have been decreasing for three days in a row, and the price of gasoline has decreased by an average of more than 300 kyats per litre and diesel by an average of more than 200 kyats per litre.

According to the price released on September 14 in Yangon Region, fuel prices are 2,485 kyats per litre for 92 Ron, 2,575 kyats per litre for 95 Ron, 3,065 kyats per litre for diesel and 3,150 kyats per litre for premium diesel.

Fuel prices fell for two consecutive days after reports emerged that the Central Bank of Myanmar will provide US$ 200 million through the foreign currency market with the approval of the Foreign Exchange Supervisory Committee to alleviate the high prices of basic commodities caused by high fuel prices but domestic fuel prices increased on September 2 as oil prices in Singapore increased.

On August 7, the lowest price of fuel sold in Yangon was 1,615 kyats per litre for 92 Ron, 1,665 kyats per litre for 95 Ron, 1,970 kyats per litre for diesel and 2,025 kyats per litre for premium diesel.

Fuel prices rose after the CBM increased the exchange rate to 2,100 kyats per dollar.

Myanmar is not importing fuel from China via Sri Lanka and mainly imported from Singapore, Malaysia and South Korea. About 90 per cent of fuel consumption is imported for domestic consumption, with about 10 per cent of the country's production in the country.